The Sandbox (SAND) coin has recently shown bullish momentum, breaking past a consolidation zone between $0.22 and $0.30 and climbing to its current price of around $0.80. Key resistance levels include $0.80, $0.90, and potentially $1.00, which aligns with psychological and Fibonacci retracement levels. On the downside, significant support levels are found at $0.70 and $0.58, which could stabilize any pullbacks.
The upward trajectory is supported by increased trading volume and positive market sentiment, as SAND continues to recover from a descending wedge pattern—a bullish indicator. Analysts suggest that sustained momentum could push the price toward $1.50-$2.50 in the coming weeks. However, investors should remain cautious due to the high volatility of cryptocurrency markets.
